In the legal world, law new refers to practices that are designed to help clients and deliver services in a different way. They typically offer a different approach to fee structures and are overseen by a separate leadership team from the firm’s core practice areas. For many law firms, embracing this kind of practice can be an opportunity to increase value for their clients and provide additional revenue streams.
New Legal Terms
The vocabulary of the law is constantly expanding. As a result, it can be challenging for attorneys to keep up. Fortunately, our glossary is here to help. The glossary includes definitions of many terms commonly used in the law, such as:
amicus curiae: Latin for “friend of the court”; an individual or organization that files a brief in support of one party or another in a case.
ancillary proceeding: A case filed in connection with, or that grows out of, a main lawsuit. It may be filed in order to help resolve the issues raised by the main lawsuit, or it may seek to change the law.
custody: 1. Legal or physical control of a person or thing, especially children. 2. The right to decide important life decisions for a child. 3. The day-to-day care of a child.
constitutional law: The system of laws that define a country or state’s government and its power, the basic rules that govern the conduct of citizens, and the rights and obligations of all people.
consolidation: When two cases involving the same facts and issues are combined into one case. This is done so that one judgment can be issued to cover all of the parties.
debt collection: The process of collecting money owed by someone to another.
felony: A serious crime that is punishable by prison time. Also known as a statutory felony, or a federal felony.
federal court: A division of a United States district court that is empowered to hear cases brought by citizens who live in a certain area. The courts are organized by geographic regions and are often called federal districts.
new york city: The largest city in the United States, with a population of 8.6 million people. New York City is known for its vibrant culture, diverse population, and world-class institutions of higher education.
NY Law Firms
Law firms are facing increased competition from non-traditional legal service providers. These companies are redefining the way that legal services are delivered by leveraging technology and providing flexible service models to meet the needs of modern clients. These changes are creating new opportunities for law firms to differentiate themselves and compete with traditional legal services providers.
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